1, PINE TREE CLOSE, NEWBOLD VERDON, LEICESTER, LE9 9PW - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 PINE TREE CLOSE is a large extended detached house of 129m², built sometime between 1976 and 1982, which could now be worth an estimated £424,307. It was last sold for £325,000 in May 2019, which was around 11% above the average May 2019 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was B.

1 PINE TREE CLOSE Sold Prices

Land registry data shows one sale for 1 PINE TREE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 16 MAY	£325,000	£294,012	11% above HPI

What might 1 PINE TREE CLOSE be worth now?

1 PINE TREE CLOSE might now be worth an estimated £424,307.

This is based on house price inflation of 30.6%, between May 2019 and May 2026, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.6% inflationary increase is applied to the most recent sale price for 1 PINE TREE CLOSE of £325,000 on 16th May 2019. For the value to have increased from £325,000 to £424,307 over the seven years to May 2026, the following assumptions must hold true:

• The value of 1 PINE TREE CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The May 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PINE TREE CLOSE has not materially changed since May 2019.

How Large is 1 PINE TREE CLOSE?

1 PINE TREE CLOSE is 129m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 40% of detached houses in Newbold Verdon, based on EPC data. The below chart shows the distribution of detached houses by size in Newbold Verdon, and where 1 PINE TREE CLOSE lies on this distribution: 61% of detached houses are smaller than 1 PINE TREE CLOSE, and 37% of detached houses are larger. Note that EPC data is not available for all properties in Newbold Verdon.

1 PINE TREE CLOSE: Plot

1 PINE TREE CLOSE sits on a plot of roughly 0.112 of an acre, or 452m².

Where is 1 PINE TREE CLOSE?

1 PINE TREE CLOSE is located in NEWBOLD VERDON, in the LE9 postcode district.